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Fincash » Mutual Funds » Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund - G

NAV  ₹2,522.35 ↑ 0.46  (0.02 %) as on 22 Apr 24

Scheme Objective

The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns.

Mirae Asset Cash Management Fund is a Debt - Liquid Fund fund launched on 12 Jan 09. It is a fund with Low risk and has given a CAGR return of 6.2% since its launch.  Ranked 48 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for Mirae Asset Cash Management Fund

NAV as on 22 Apr 24₹2,522.35 ↑ 0.46  (0.02 %)
Net Assets (AUM) as on 31 Mar 2024 ₹6,872 Cr.
Launch Date12 Jan 2009
CategoryDebt - Liquid Fund
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.34%
Effective Maturity1 Month 7 Days
Modified Duration1 Month 6 Days
Alpha Ratio0.0
Expense Ratio0.19 %
Sharpe Ratio1.072
Information Ratio0.0
BenchmarkNot Available
ISININF769K01788
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Apr 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.7%
1 Year 7.3%
3 Year 5.5%
5 Year 5.2%
10 Year
15 Year
Since launch 6.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7%
2022 4.8%
2021 3.3%
2020 4.2%
2019 6.6%
2018 7.3%
2017 6.6%
2016 7.2%
2015 7.8%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,614
31 Mar 21₹10,993
31 Mar 22₹11,364
31 Mar 23₹12,007
31 Mar 24₹12,872
Mirae Asset Cash Management Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash99.8%
Other0.2%
Mirae Asset Cash Management Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent64.24%
Corporate23.68%
Government11.88%
RatingValue
AAA100%
Mirae Asset Cash Management Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Net Receivables / (Payables)
CBLO | -
4%-₹420 Cr
India (Republic of)
- | -
3%₹346 Cr35,000,000
↑ 5,000,000
State Bank Of India
Certificate of Deposit | -
3%₹291 Cr29,500,000
↑ 29,500,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
3%₹275 Cr27,500,000
Canara Bank
Domestic Bonds | -
3%₹272 Cr27,500,000
Grasim Industries Ltd.
Commercial Paper | -
2%₹250 Cr25,000,000
Small Industries Development Bank Of India
Certificate of Deposit | -
2%₹249 Cr25,000,000
↓ -20,000,000
91 DTB 21032024
Sovereign Bonds | -
2%₹225 Cr22,500,000
HDFC Bank Limited
Commercial Paper | -
2%₹200 Cr20,000,000
Aditya Birla Fashion & Retail Ltd.
Commercial Paper | -
2%₹200 Cr20,000,000
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Fund Managers

NameSinceTenure
Abhishek Iyer28 Dec 203.26 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Cash Management Fund
Monthly Dividend, Payout
₹1,159.59
↑ 0.21
3.73 %7.2 %5.48 %4.84 %
Mirae Asset Cash Management Fund
Weekly Dividend, Reinvestment
₹1,153.35
↑ 0.21
3.73 %7.26 %5.51 %4.88 %
Mirae Asset Cash Management Fund
Monthly Dividend, Reinvestment
₹1,159.59
↑ 0.21
3.73 %7.2 %5.48 %4.84 %
Mirae Asset Cash Management Fund
Growth
₹2,522.35
↑ 0.46
3.71 %7.26 %5.5 %5.19 %
Mirae Asset Cash Management Fund
Daily Dividend, Reinvestment
₹1,066.43
3.59 %7.13 %5.36 %4.77 %
Data as on 22 Apr 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.